Latest Banking News
Munich Re ups profit guidance on healthy quarter
Germany's Munich Re has reported a marked rise in second-quarter profit. The…
UAE banks seek to be largest financer of Suez Canal projects
Emirates NBD is prepared with local and foreign liquidity to engage in…
Billions expected to flow into Egypt after New Suez Canal opening: Analysts
Canal income to increase to approximately $13bn annually, over $100bn expected income…
Large number of funds, little information reduces citizens’ turnout to donate: Experts
Farhet Misr Fund should be subject to supervision by Central Auditing Organization…
Egyptian foreign reserves down more than $1.5bn, at $18.5bn
Government has to pay $250m in September as dues of bonds issued…
NBE postpones issuance of international bonds
Bank repays bonds, amounting to $600m, which it offered in August 2010
UK begins selling shares in RBS
The British government has begun selling its shares in the bailed-out Royal…
Abo El-Sebaa Weaving Group searching for strategic investor to repay debts: Chairman
We hope to re-operate the group's factories with EGP 50m, but a…
Banque du Caire delegation to participate in Suez Canal Axis inauguration
the opening ceremony is one of the largest economic events currently witnessed…